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networks form, the impact of network structure on agents' outcomes, and the evolution of networks over time. For this purpose …, we combine a network game introduced by Ballester et al. [2006], where the Nash equilibrium action of each agent is … proportional to her Bonacich centrality, with an endogenous network formation process. Links are formed on the basis of agents …
Persistent link: https://www.econbiz.de/10013144348
Persistent link: https://www.econbiz.de/10010354731
present. I do so by extending the two-way flow network with small decay of De Jaegher and Kamphorst (J ECON BEHAV ORGAN, 2015 …
Persistent link: https://www.econbiz.de/10012052280
, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network … network as in Billand et al (2011). This proposition requires that a certain restriction on link formation cost (called …
Persistent link: https://www.econbiz.de/10010518019
We consider network games in which players simultaneously form partnerships and choose actions. Players are …. We find that, despite the symmetry and simplicity of the setting, quite irregular network structures can arise in …
Persistent link: https://www.econbiz.de/10012793442
This paper studies a non-cooperative model of network formation. Built upon the two-way flow model of Bala and Goyal …
Persistent link: https://www.econbiz.de/10012967682
We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network … structure. We discuss, in particular, the impact of the structure of the network on individuals' behaviors. We focus on game …
Persistent link: https://www.econbiz.de/10014166303
As computer science and complex network theory develop, non-cooperative games and their formation and application on … complex networks have been important research topics. In the inter-firm innovation network, it is a typical game behavior for …-firm innovation network. We build an extended inter-firm n-player game based on nonidealized conditions, describe four investment …
Persistent link: https://www.econbiz.de/10011418694
Network structure has a significant role in determining the outcomes of many socioeconomic relationships, including the … antagonistic ones. In this paper we study a situation in which agents, embedded in a network, simultaneously play interrelated … bilateral contest games with their neighbors. Interrelatedness of contests induces complex local and global network effects. We …
Persistent link: https://www.econbiz.de/10010350458
This paper provides a game-theoretic model of network formation with a continuous effort choice. Efforts are strategic … complements for direct neighbors in the network and display global substitution/congestion effects. We show that if the parameter … links according to a network cost function. Again all socially optimal configurations are such that the network is a nested …
Persistent link: https://www.econbiz.de/10012308172